However, Khedira is demanding a pay packet of £150,000-a-week, which would make him the highest paid player at the Emirates.

And the Blues' manager Jose Mourinho is ready to step in and add him to a midfield that now includes new signing Cesc Fabregas.

Khedira has a year left on his contract at the Bernabeu and has rejected a new one. Real, who are interested in Chelsea midfielder Ramires, want to sell to avoid losing the 27-year-old on a free next year.

Gunners fans, would Sami Khedira be a success at Arsenal?

16000+ VOTES SO FAR

If he misses out on Khedira, he also has Bayer Leverkusen midfielder Lars Bender lined-up. Bender could be available for around £15m and is another player Wenger has been tracking for some time.

The Gunners are also set to sign Atletico Madrid right-back Javi Manquillo, 20, on a year’s loan as back-up for Debuchy.

That deal will almost certainly mean England international Carl Jenkinson being farmed out on a year-long loan to another Premier League club to give him more regular games.

Newcastle and Stoke have shown an interest in Jenkinson, with Toon boss Alan Pardew is obviously looking for a replacement for Debuchy.

Meanwhile, Arsenal new boy Sanchez - who made a whistle-stop trip to London to sit his medical and will now start English lessons - insists he is looking forward to linking up with Germany international Mesut Ozil.

Video Loading

Video Unavailable

Click to playTap to play

The video will start in 8Cancel

Play now

The Chile forward said: “With Ozil in the squad Arsenal were (close) to winning the league title (last season). I hope I can make a contribution so we can win as many titles as possible.

“The team not only plays really good football, but the squad is really good and we can win silverware. We have a great squad and we are a big club. We can achieve big things.

“Playing regularly wasn’t the only reason why I came here - I came here to win the league title, the Champions League and every title at stake. I am here to win titles and to achieve as much as possible.”